Nissin Foods HoldingsLtd Balance Sheet Health
Financial Health criteria checks 5/6
Nissin Foods HoldingsLtd has a total shareholder equity of ¥527.5B and total debt of ¥78.4B, which brings its debt-to-equity ratio to 14.9%. Its total assets and total liabilities are ¥814.6B and ¥287.1B respectively. Nissin Foods HoldingsLtd's EBIT is ¥58.4B making its interest coverage ratio -25.9. It has cash and short-term investments of ¥76.6B.
Key information
14.9%
Debt to equity ratio
JP¥78.45b
Debt
| Interest coverage ratio | -25.9x |
| Cash | JP¥76.61b |
| Equity | JP¥527.52b |
| Total liabilities | JP¥287.12b |
| Total assets | JP¥814.64b |
Recent financial health updates
Is Nissin Foods HoldingsLtd (TSE:2897) A Risky Investment?
Jul 29
Nissin Foods HoldingsLtd (TSE:2897) Could Easily Take On More Debt
Apr 07Recent updates
Earnings Miss: Nissin Foods Holdings Co.,Ltd. Missed EPS By 29% And Analysts Are Revising Their Forecasts
Nov 13An Intrinsic Calculation For Nissin Foods Holdings Co.,Ltd. (TSE:2897) Suggests It's 32% Undervalued
Oct 21We Like These Underlying Return On Capital Trends At Nissin Foods HoldingsLtd (TSE:2897)
Sep 04Nissin Foods Holdings Co.,Ltd.'s (TSE:2897) Share Price Not Quite Adding Up
Aug 22Analysts Are Updating Their Nissin Foods Holdings Co.,Ltd. (TSE:2897) Estimates After Its First-Quarter Results
Aug 08Is Nissin Foods HoldingsLtd (TSE:2897) A Risky Investment?
Jul 29Here's Why We Think Nissin Foods HoldingsLtd (TSE:2897) Might Deserve Your Attention Today
Jul 11Is Nissin Foods Holdings Co.,Ltd. (TSE:2897) Trading At A 26% Discount?
May 05Nissin Foods Holdings Co.,Ltd.'s (TSE:2897) Share Price Could Signal Some Risk
Apr 21Nissin Foods HoldingsLtd (TSE:2897) Could Easily Take On More Debt
Apr 07Financial Position Analysis
Short Term Liabilities: 2897's short term assets (¥284.4B) exceed its short term liabilities (¥227.9B).
Long Term Liabilities: 2897's short term assets (¥284.4B) exceed its long term liabilities (¥59.2B).
Debt to Equity History and Analysis
Debt Level: 2897's net debt to equity ratio (0.3%) is considered satisfactory.
Reducing Debt: 2897's debt to equity ratio has increased from 14.3% to 14.9% over the past 5 years.
Debt Coverage: 2897's debt is well covered by operating cash flow (83%).
Interest Coverage: 2897 earns more interest than it pays, so coverage of interest payments is not a concern.